臺灣博碩士論文加值系統

Abstract
This paper examines the spillover effects of the U.S Quantitative Easing (QE) policy on Thailand export values to the U.S and to China, during 2006-2016. The impact of QE is related to the appreciation of Thai currency (Bath) and the decreasing of the Thailand's Exports. We used Thailand's export in a monthly and separated the U.S QE periods are as follows; the QE1, QE2, QE3, and Post-QE periods. Moreover, we separated Thai product groups to studies the effects of QE policy to export values of the Total export, Agro-industrial, Agriculture, Manufacturing, and Mining & Fuel products. The U.S QE policy has both positive and negative significant with Thailand export values to the U.S and to China. However, each of the QE policy has different effects to Thailand's export. The economic variables which we used have significant with Thailand's export, except for the inflation rate of the U.S and China.
Key words: Thailand’s export; Quantitative easing monetary policy; Appreciation; Depreciation

Content
Thesis/dissertation verification letter………………………………………………i
Letter of Authorization………………………………………………………….......ii
Acknowledgment…………………………………………………………………….iii
Abstract ..................................................................................................................... iv
Content ........................................................................................................................ v
Chapter 1 .................................................................................................................... 1
Introduction .............................................................................................................. 1
Chapter 2 .................................................................................................................... 6
Literature review ...................................................................................................... 6
Theory .................................................................................................................... 11
Chapter 3 .................................................................................................................. 17
Data and Methodology ........................................................................................... 17
Data Sources ...................................................................................................... 17
Statistical Data Analysis .................................................................................... 17
Dummy variables ............................................................................................... 19
The Empirical Model and Data .......................................................................... 22
Chapter 4 .................................................................................................................. 29
Empirical Results ................................................................................................... 29
Descriptive statistic ............................................................................................ 29
Correlation Coefficient ...................................................................................... 31
The Regression Statistic ..................................................................................... 35
Chapter 5 .................................................................................................................. 50
Conclusion ............................................................................................................. 50
Appendix ................................................................................................................... 55

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